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422-424 High Street

CHESTERTOWN, MD 21620
  • $344,000
  • STATUS: Active Under Contract
  • ON SITE: 25 Days
  • ID#: MDKE2000622
Under Contract
UPDATED: 9 min ago
$344,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,880
    SQFT
  • $119
    $/SQFT
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:

Description

Fantastic Investment Opportunity! Ideal investment property, located in the heart of Chestertown's Historic District, with strong demand and rental history, plus great positive cash flow. Lower level unit offers two bedrooms and a full bath, as well as hardwood floors. Upper level unit offers three bedrooms, two full baths, and a screened balcony. Two story unit offers two bedrooms and a full bath, and all units share a fenced rear yard. All three units are currently rented with year long leases. 48-Hour Notice for Showings.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Coleman & Associates | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-26T23:50:04.587.
www.gocoleman.com/homes/122921713
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422-424 High Street CHESTERTOWN, MD 21620

  • Price: $344,000
  • Status: Active Under Contract
  • On Site: 25 Days
  • Updated: 9 min ago
  • ID#: MDKE2000622
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,880
SQFT
$119
$/SQFT
1920
Built
Neighborhood:
Historic District Chestertown
County:
Kent
School District:
Kent County Public Schools
Property Description
Fantastic Investment Opportunity! Ideal investment property, located in the heart of Chestertown's Historic District, with strong demand and rental history, plus great positive cash flow. Lower level unit offers two bedrooms and a full bath, as well as hardwood floors. Upper level unit offers three bedrooms, two full baths, and a screened balcony. Two story unit offers two bedrooms and a full bath, and all units share a fenced rear yard. All three units are currently rented with year long leases. 48-Hour Notice for Showings.
Exterior Features

Architectural Style Victorian Construction Materials Shake Siding Garage YN No Location Type Downtown Lot Features Rear Yard Other Structures Above GradeBelow Grade Parking Types Off Street Patio And Porch Features BalconyPorch(Es) Pool No Pool Property Condition Good Riparian Rights YN No Roof Asphalt View StreetGarden/Lawn Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2880 Basement Outside EntranceUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ductless/Mini-SplitWindow Unit(S) Fireplace YN No Flooring CarpetCeramic TileHardwoodVinyl Heating RadiatorHot Water Heating YN Yes Interior Features Entry Level BedroomFloor Plan - TraditionalWood Floors Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 2 Units Furnished None Walls Ceilings Plaster Walls

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel Electric Existing Lease Type Yearly Foundation Details Brick/Mortar Gross Income 34200.00 Heating Fuel Oil Historic YN No Hot Water Electric Insurance Expense 2132.00 Internet Services BroadbandCable Maintenance Expense 344.00 Municipality Chestertown Navigable Water YN N Net Operating Income 24965.00 New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Operating Expense 9234.00 Original MLSNumber 801140168332 Owner Pays SewerWater Ownership Interest Fee Simple Possession Settlement Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 5602.00 Tax Assessment Amount 359533.00 Total Actual Rent 36000.00 Vacation Rental YN No Water Average Monthly 96 Water Last12 Months 1156.00 Water Source Public Zoning R-5

Listing courtesy of Cross Street Realtors Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Coleman & Associates | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-26T23:50:04.587.
 
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Coleman & Associates | Compass
6849 Old Dominion Drive, Suite 400
McLean VA, 22101